Media headlines about DXP Enterprises (NASDAQ:DXPE) have been trending somewhat positive recently, Accern reports. The research group identifies positive and negative news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. DXP Enterprises earned a media sentiment score of 0.11 on Accern’s scale. Accern also assigned media headlines about the industrial products company an impact score of 46.6961866692483 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Separately, Zacks Investment Research downgraded DXP Enterprises from a “buy” rating to a “hold” rating in a report on Tuesday, September 26th. Two research analysts have rated the stock with a sell rating, one has given a hold rating and one has given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $42.00.
DXP Enterprises (NASDAQ DXPE) opened at $27.08 on Friday. DXP Enterprises has a twelve month low of $24.86 and a twelve month high of $42.00. The company has a quick ratio of 1.79, a current ratio of 2.51 and a debt-to-equity ratio of 0.91. The company has a market capitalization of $470.97, a P/E ratio of 27.48 and a beta of 2.64.
DXP Enterprises (NASDAQ:DXPE) last announced its quarterly earnings results on Thursday, November 2nd. The industrial products company reported $0.16 EPS for the quarter, missing the consensus estimate of $0.22 by ($0.06). DXP Enterprises had a net margin of 1.83% and a return on equity of 6.87%. The company had revenue of $251.90 million for the quarter, compared to analyst estimates of $250.42 million. During the same quarter last year, the business earned $0.02 EPS. The company’s revenue for the quarter was up 9.5% on a year-over-year basis. analysts expect that DXP Enterprises will post 0.72 EPS for the current fiscal year.
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About DXP Enterprises
DXP Enterprises, Inc (DXP) is engaged in the business of distributing maintenance, repair and operating (MRO) products, equipment and service to industrial customers. The Company operates through three segments: Service Centers, Supply Chain Services and Innovative Pumping Solutions. The Service Centers segment provides MRO products, equipment and services, including technical expertise and logistics capabilities to industrial customers.
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